From Environmental Engineering to ESG Investing
After a career as an environmental engineer working on Long Island and then upstate NY, I realized that to mitigate society’s impact on the environment, it was essential to acknowledge the role investing plays in this arena.
One project gave me firsthand experience on how people’s decisions can change the environment for better or for worse. The project involved the study of pesticides and their impact on wildlife in the Long Island Sound. After the conclusion of that study, I was hooked on promoting the environment.
From there, my commitment to Environmental, Social, and Governance (ESG), along with Socially Responsible Investing (SRI), only grew.
Cleaning up our planet and saving wildlife is no small task. And, it’s very, very expensive.
Unbeknownst to many investors, banks and financial institutions often don’t disclose where they invest their customers’ deposits. And, because large environmental projects often require tremendous sums of money to succeed, it was then I decided to change course in my career to support those who invest for the social good.
Just prior to launching Envest Asset Management, I worked at Energy Power Partners, a clean energy-focused private equity fund. I spent the bulk of my finance career there, and I also worked in clean energy project finance lending for TD Securities and TD Bank and where I started my finance career as an investment banker in social infrastructure at UBS Securities, placing municipal bonds for state and local governments and other municipal authorities.
After investing hundreds of millions of dollars for large companies driving social change through ESG and SRI, I had a feeling that business could do more. But this wouldn’t come from corporate executives at large-cap companies or corporate investing from large pension funds; it would come from customers, shareholders, and people.
For Envest Asset Management, I apply these same principles to my clients, their financial plan, investment portfolio, and values.
I feel so strongly about these values that I led Envest Asset Management to become the first (and so far – only), Certified B Corporation™ financial advisory firm in the state of Connecticut.
A Unique Perspective On ESG/SRI
My career path of intersecting industries means I bring a broader lens to investing. One that includes:
Engineering – Environmental: provided environmental site design for properties and aided in designing various water and wastewater treatment systems.
Investment Banking – Socially Responsible: member of a team that placed over a billion dollars in debt for social infrastructure projects.
Private Equity and Lending – Environmental, Governance, and Socially Responsible: Invested (debt and equity) in clean energy assets throughout the U.S. Many investments were located in rural areas that provided highly skilled jobs. A former member of the Board of Directors and Secretary of the Board for various privately-owned companies at my prior employer.
Non-Profit – Environmental, Governance, and Socially Responsible: Board of Directors for two non-profit organizations: the Ridgefield Education Foundation (“REF”) in Ridgefield, CT and Woodcock Nature Center (“WNC”) in Wilton, CT. REF raises capital to promote educational advancements in the Ridgefield Public School (“RPS”) system. WNC connects people to the habitats, plants, and animals of southwestern CT through programs that build awareness, nurture understanding, and advance conservation.
All of this means that my clients can rely on my insight to help them make the best financial decisions that align with their values – because they’re my values too.
Outside of work, I serve on the Board of Directors for the Ridgefield Education Foundation and Woodcock Nature Center in Wilton, CT. You may find me and my wife actively chasing my two kids around Ridgefield. Or you may find me running the streets throughout Wilton and Ridgefield as an avid distance runner. I also drive a hybrid vehicle.
I hold an MBA from the Simon Business School at the University of Rochester and a BSE in Chemical Engineering from Villanova (Go ‘Nova!). I’ve been a guest lecturer and panelist at various clean energy-related conferences.
Independent, fiduciary, fee-only, client obsessive
Our mission is to meld our clients’ environmental, sustainability, and social beliefs with their investment strategy. As a result, we help our clients invest with their conscience.
We work with our clients to:
- Align their financial goals and social beliefs to invest authentically
- Educate them about the intersection of financial markets and sustainability
- Create a diversified portfolio of ESG/SRI investments to meet your life and investment goals
- Increase awareness to the broader public about investing, sustainability, and ESG/SRI
- Increase shareholder advocacy and voting to benefit the shareholders and the environment (I’m not clear on this? Will your prospect know what this means?)